BCC Advisers Acquires Iowa Appraisal and Research Corporation
BCC Advisers is pleased to announce its acquisition of Iowa Appraisal and Research Corporation – one of the oldest appraisal firms in the state – from owner and President Fred Lock who will continue in his position.
For 54 years, Iowa Appraisal has provided commercial and residential real estate valuation, consulting services and market studies to clients throughout Iowa and the United States. It’s known for its specialty work in land development, Federal Housing Administration-insured developments, hospitality and continuing care properties, farms and land conservation projects. Iowa Appraisal also represents clients in matters of tax appeal, appraisal review, eminent domain, acquisitions and expert testimony.
BCC Advisers is an independent financial and management advisory firm specializing in merger and acquisition consulting, corporate finance, business valuation, and litigation support services. BCC has been serving its global clients for almost 25 years.
“We are excited to build upon the tradition of excellence for which Iowa Appraisal is known,” said Steve Jacobs, president of BCC Advisers. “Its highly professional and accredited staff will enhance the menu of services offered by BCC Advisers. Further, Iowa Appraisal will be able to expand its geographic reach, expand its suite of services offered to its customers, and continue to be known for its capabilities and impartiality.”
Full integration of the firms will occur over the next year, according to Jacobs. Each entity will retain its name and all employees.
“We’re so happy to combine the two highly respected companies in a partnership that will help our clients,” said Lock. “Because of BCC Advisers – a firm that I’m really proud to work with – our clients will benefit from broader expertise and can get all of their needs met at one firm.”
Later this year Iowa Appraisal staff will relocate to the building owned by BCC Advisers, located at 1707 High Street in Des Moines. For more information about Iowa Appraisal and Research Corporation, please visit www.iowaappraisal.com.